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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. The answer is fourfold.

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How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

If your organization relies on volunteers, even just a little, you need a volunteer handbook that spells out expectations, policies, and procedures. Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Is there a liability release everyone must sign? Is orientation required?

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Acceptable Usage Policies (AUPs) Protect You and Your Organization

Tech Soup

An acceptable usage policy (AUP) is a set of rules applied by the. The AUP is an integral part of security policies for businesses, universities, schools, Internet Service Providers (ISPs) and website. Legal liability, copyright infringement and harassment claims. In short, a policy ensures that every user understands that.

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Connecting the dots: Fighting for equity through a data partnership 

Candid

When the Supreme Court gutted race-conscious admissions last summer and the American Alliance for Equal Rights followed with a lawsuit against the Fearless Fund, some in the philanthropic sector feared that demographic data had become a potential liability.

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What Are 7 Common Nonprofit Startup Costs?

GrantNews

While forming a nonprofit can be a long and stressful process, we hope this list brings some clarity to what costs you will need to set aside to adequately fund your nonprofit venture. However, most nonprofit organizations start out with a Business Owner’s Policy (BOP). Funding offsets start-up costs. Do not be discouraged.

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Jury Is Out On Philanthropy And Medical Debt

The NonProfit Times

Medical debt relief has become a growing public policy priority for philanthropists and lawmakers worried about the toll on Americans’ financial, mental, and physical health. An estimated 40% of Americans have medical debt with nearly half of those owing at least $2,500.

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Why You Should Run Your Nonprofit Like a Business

Get Fully Funded

And you need policies, procedures, and processes. Similarly, if you’re a nonprofit and you don’t have these business essentials in place, you can’t raise the money you need to fund your programs. So work with an insurer or an insurance broker to understand the coverage you need to best protect your organization and its liability.